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BTC retest and continue drop down
BTCUSD Perpetual Contract
Short
BTC retest and continue drop down
By GiyuuuSan
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Dec 17, 2022
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Dec 17, 2022
BTC in weekly TF clearly made descending triangle (bearsih pattern), finaly break support and retest support become resistance (flip SR).
In 4 H and D1, clearly made bearsig flag pattern. try to retest
My POV, maybe false break in weekly TF (cancel triangle pattern) and if want take short position look at minor TF (entry after finish retest in 4 H)
Ps: BTC somehow can avoid pattern and make false break, if want take risk can take long with tight SL
Bearish Patterns
BTC
Chart Patterns
Trend Analysis
trianglepattren
GiyuuuSan
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